Despite the economic slowdown and contrary to initial apprehensions from the major stakeholders, Excon 2013 turned out to be a success, with OEMs and aggregate and components manufacturers launching a new range of machines and components, and some of them even announcing further investment to augment capacity, in order to meet the expected demand spurt in the coming years.

As with any product that requires a large one-time capital expense, financing is a good way for the construction equipment industry to spark demand and acquire new customers. In 2011, India´s earthmoving and construction equipment (ECE) financing industry was valued at Rs 23,000 crore according to the report titled `Roadmap for Realising ECE Industry´s Long Term Potential` released at Excon 2013.

Bangalore, 23 November 2013: As with any product that requires a large one-time capital expense, financing is a good way for the construction equipment industry to spark demand and acquire new customers. In 2011, India’s earthmoving and construction equipment (ECE) financing industry was valued at Rs.23,000 crore according to the report on “Roadmap for Realising ECE Industry’s Long Term Potential’ released at CII EXCON 2013 - South Asia’s Biggest Construction Equipment Event.